New Product Introductions
For Demand Planning, the New Product Introduction (NPI) functionality is used for introducing a new product that is not a simple replacement of an existing product. The new product has its own lifecycle and unique demand.
The key approach for NPI is that a Forecast Template is used for forecast generation at the beginning of the item's life cycle until the item has enough demand history to generate its own forecasts.
NPI States
New - A forecast template should be created
Ready For Launch - Forecast template is used
Launched - Forecast template is used
Phase-In - Forecast template is used
Settled - Statistical forecasting is running
For information on Forecast Templates for NPI, see the "Forecast Templates" section in the Online Help.